Tuesday, February 21, 2006

"Portgate" and Hutchison Whampoa

There's a fuss about the possibility of a company based in Dubai buying the company that runs a number of major U.S. ports. Critics on both sides of the aisle are yelling about the threat to security. It all reminds me of the 1990's controversy over Hutchison Whampoa and its taking over operation of the Panama Canal. In sum, an opportunity for some demagogery without substance.

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